“This offer requires the trust to make £26m of efficiency savings, which represents a significant challenge to the trust.

“The trust has been selected to take part in a national financial improvement programme to support the trust to deliver efficiency savings.

“The trust board recognise the challenge and this was set out in the recent public board paper.

“Any surplus generated will be used to support the trust capital investment programme.”

The extra money for Mid Yorkshire will come from the £1.8bn Sustainability and Transformation Fund (STF).

Access to the money is dependent on reaching an agreed financial position at the end of the year, and meeting other targets on waiting lists and A&E performance.

The government said individual trusts had negotiated their own financial targets.

A spokesman for NHS Improvement, which overseas NHS trusts, said: “The NHS faces significant financial challenges across the country at the same time as improving services for patients, ensuring they are fit to meet the demands of the future.”

Five NHS trusts - Barts , Croydon Health Services, Maidstone and Tunbridge Wells, Norfolk and Norwich University Hospitals and North Bristol NHS Trust - have already been declared as being in “special financial measures” by the government.